BNI meaning in Business ?

Answer:

What is Bankruptcy Navigator Index mean?

A bankruptcy risk score is a number that indicates the likelihood of an individual filing for bankruptcy. Although it has been used for over twenty years to assess risk in lending, few consumers know of it. It is related to the better-known credit score, but unlike credit scores, bankruptcy risk scores are not sold to consumers by any of the credit bureaus. Consequentially, individuals have little or no way of knowing what their bankruptcy risk scores are or how to improve upon them. Furthermore, since there is no standardized index of measurement, consumers often have trouble contextualizing their score on a standardized scale, instead only receiving general information from a single bureau.

This is also referred to as debt analysis which allows lenders the ability to assess a customers' risk in taking out a loan. One can improve their score by paying bills on time, keeping balances low, and having few revolving accounts.

Equifax, a US credit bureau, offers a bankruptcy risk score called Bankruptcy Navigator Index to its commercial clients. The BNI 4.0 considers a consumers credit balances versus credit limits as the most heavily weighted factor. It has a scoring range starting at 1 (low) and ends at 600 (high) with lower scores being a greater risk for filing for bankruptcy within the next 2 years. Most credit card issuers do not disclose the use of BNI on a letter of denial and it is difficult for consumers to know their score.

reference

Full Form	Category
Bishop Noll Institute	Academic & Science
Benin City	Airport Code
Business Network International	Associations & Organizations
Bank Negara Indonesia	Business
Banco Nacional de Investimento	Business
Bankruptcy Navigator Index	Business
Bureau of National Investigations	Governmental
BUDNI	Indian Railway Station
Barrow Neurological Institute	Medical
Bladder Neck Incision	Medical
British Naval Intelligence	Military and Defence
British Nursing Index	News & Entertainment
Business Network Intelligence	Softwares
Benin Airport	Transport & Travel